Amazon extends affordable housing commitment by $1.4M

Amazon has announced an additional $1.4 billion in funding to create 14,000 affordable homes across three target communities.

The company launched its $2 billion Housing Equity Fund in 2021 and earmarked $75 million of that for the creation of affordable housing in Nashville. The rest of the funds also went to homes in the Seattle area-Puget Sound region of Washington as well as Arlington, Va. a Washington, D.C. suburb. At the time of the announcement, Amazon was building its 5,000-employee corporate office in Nashville Yards where it now occupies two buildings owned by Southwest Value Partners.